Quantchabot has detected a new Bull Call Spread trade opportunity for TRULIEVE CANNABIS CORP (TRLV) for the 16-Oct-2026 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine.
TRLV was recently trading at $12.53 and has an implied volatility of 85.38% for this period. Based on an analysis of the options available for TRLV expiring on 16-Oct-2026, there is a 34.19% likelihood that the underlying will close within the analyzed range of $12.58-$16.60 at expiration. In this scenario, the average linear return for the trade would be 13.64%.
52 week high: TRULIEVE CANNABIS CORP recently reached a new 52-week high at $12.76. TRLV had traded in the range $7.82-$12.30 over the past year.
Trade approach: Reaching a new 52-week high is a bullish indicator, so this trade is designed to be profitable if TRLV maintains its current direction and does not revert back to pricing on the bearish side of $12.53 on 16-Oct-2026. If possible, the trade has been padded such that slight movement against the trade would still return a profit.
Upside potential: Using this bullish strategy, the trade would be profitable if TRULIEVE CANNABIS CORP closes at or above $11.60 on 16-Oct-2026. Based on our risk-neutral analysis, there is a 61.48% likelihood of this return.
Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment.
To analyze this trade in depth, please visit the Quantcha Options Search Engine.
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